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1200 W 38th Street Los Angeles, CA $ 2,975,000
1200 W 38th Street
$ 2,975,000
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1200 W 38th Street

Los Angeles, CA, 90037
$ 2,975,000
Bedrooms12 Baths3.0 Sq 5,755

Monthly Estimate*

$ 18,318

Listed by Keller Williams Beverly Hills
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Multi-Family Home for sale in Los Angeles, CA

for $2,975,000 with 12 bedrooms and 3 full baths. This 5,755 square foot home was built in 2026 on a lot size of 0.12.

Presenting a newly constructed, turnkey fourplex ideally located in the heart of Los Angeles, just moments from USC, the LA Memorial Coliseum, and major transportation routes. Designed for modern urban living and built with both tenant comfort and investment performance in mind, this brand new property offers a rare opportunity to acquire a high demand rental asset in one of LA's strongest and most consistent leasing markets. Each of the four residences features a bright, open concept floor plan with generous natural light and contemporary finishes throughout. Every unit is configured with three bedrooms, each with its own private bathroom, creating an ideal layout for student housing, shared living arrangements, or family occupancy. The design also allows for the potential addition of a fourth bedroom in each unit, providing a value add opportunity to further enhance rental income. In unit laundry is included in all residences for everyday convenience. All units are delivered vacant, offering complete flexibility for a new owner to implement a variety of leasing strategies. Rent units individually for long-term tenancy, lease per bedroom to meet the high demand for student housing, or master lease the entire building to a single operator. This versatility allows an investor to tailor operations to maximize returns. The property also includes six on site parking spaces, an increasingly valuable amenity in this high density neighborhood, further strengthening tenant appeal and rental competitiveness. A rare chance to own a newly built, low-maintenance fourplex in a prime Los Angeles location with strong rental demand, modern construction, and multiple income strategies available from day one.

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Multi-Family Active

Price

$ 2,975,000

Bedrooms

12

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

2026

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25580789

Days on Market

2

Features
General
Living Area 5755
Heating Central
Cooling Central Air
Appliances Disposal Microwave Refrigerator
Zoning LARD1.5
Year Built 2026
Levels Multi/Split
Gross Income 212400
County Los Angeles
Net Operating Income 160838
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South of Exposition Blvd West of Vermont Ave East of Normandie Ave
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5227
Land Lease Y/N false
Standard Status Active
Year Built Source Builder
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 12
Total Baths 15
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Exterior
Parking Features Covered
Total Parking 8
Lot Size Area 5227
Number of Buildings 2
Building Area Total 5755
Lot Dimensions 40x131
Lot Size Acres 0.12
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* Excluded Features
List By
Keller Williams Beverly Hills

Broker

arash.pashaei@gmail.com

Email

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$18,318
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Monthly Principal & Interest
$18,318
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$2,975,000 Listed Price

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1200 W 38th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $2,975,000 with 5,755 sqft and a lot size of 0.12. 1200 W 38th Street has 12 bedrooms, 3.0 baths, and was built in 2026. The property's zip code is 90037 which is in Los Angeles, CA